44687 Palm Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 18, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | In contract | - | |
| In contract | |||
| Jun 24, 2021 | Listed by HomeSmart Professionals | $280,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Affordable 3 bedroom 2 bath, plus guest suite or attached casita. Property does not show too well due to too many furnishings and crowded with personal property . Please look beyond the clutter for the great potential. Needs some TLC. This property can be very charming. Property is tenant occupied. The manager has listed the unit size as 1500 square feet.
| |||
| Jun 10, 2021 | Listed by HomeSmart | $280,000 | |
| Listed by HomeSmart | |||
| | |||
|
Affordable 3 bedroom 2 bath, plus guest suite or attached casita. Property does not show too well due to too many furnishings and crowded with personal property . Please look beyond the clutter for the great potential. Needs some TLC. This property can be very charming. Property is tenant occupied.
| |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017